Fully Fitted Cafe and Pizzeria Business For Sale in Hampton, Richmond. 3-Bed Flat Included
Property ID: RPS-22712
PROOF OF FUNDS REQUIRED: All interested buyers must be able to provide proof of funds before requesting a viewing.
MAIN DETAILS
Family-run cafe business, established for over 15 years
Benefits from premises licence, gas & extraction
Outdoor seating available
Cafe is eligible for 100% rate relief
Comes with a 3-bed flat currently used by the owners
Well maintained flat ideal for owner's accommodation
LANDLORD’S REQUIREMENTS
Guarantor required (subject to references)
3-6 months' rent deposit required (subject to references)
Other usual checks will be carried out
LEASE DETAILS
Lease: Ending February 2031 (Inside LTA 1954 Act)
Rent: £24,000 PAX
Rent review: Every 5 years
Next rent review: 2026
Premium: £125,000 (Business, Lease & fixtures and fittings)
THE PREMISES
Internal Area: circa 601.16 sq. ft
Covers: 24 inside, 16 front & 20 rear
Benefits from gas & extraction
Premises licence in place
Rateable Value: 10,750
Eligible for 100% rate relief
THE FLAT (UPPER PART)
Well maintained 3-bed flat with a private balcony, its own kitchen and central heating
No separate access
Currently used by the owners
THE BUSINESS
Gross Revenue: We have been informed that the business generates a gross revenue of circa £338,000 per annum (£6,500/week).
Our client manages the restaurant with 4 full time & 1 part time staff
THE LOCATION
Hampton, TW12
Street parking available
Few minutes from Hampton station
VIEWINGS & CONFIDENTIALITY
All interested buyers must have proof of funds to meet the premium and landlord’s requirements.
All interested buyers must agree to a Non-Disclosure Agreement due to the confidentiality requested by the client.
DISCLAIMER
The above information is provided by the seller and is issued without responsibility on the part of the firm therefore is not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. Neither the firm nor any of their employees has any authority to make or give, any representation or warranty whatever in relation to this property.
